Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

10/6/17

Netflix (NFLX) keeps soaring. Netflix is up 2% today and up over 50% this year on an upgrade from Oppenheimer with a $215 price target due to higher subscription prices. Netflix needs to raise prices to pay for their original content which will cost $7 billion next year compared to $6 billion this year.

Costco (COST) trading lower following earnings. The big box retailer fell 6% even though they beat earnings and sales numbers. Unfortunately, the retailer saw a decline in quarterly gross margins due in part to growing competition. Costco is launching a new grocery delivery service to compete with Amazon.com and Wal-Mart Stores

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.